Asset-based welfare (ABW) was one of the most innovative social policy agendas of the last Labour government. US academic Michel Sherraden first coined the term ABW to refer to the idea that the individual ownership of assets is important for individual welfare. Continue reading “Argue with an Academic: Dr Rajiv Prabhakar on Asset-based Welfare”
On Wednesday, Chancellor George Osborne presented his long-awaited Autumn Statement and Spending Review. The Spending Review sets departmental spending limits for the next four years and was combined with the annual Autumn Statement, which lays out government taxation and deficit reduction plans for the coming year. They have engendered much protest as they continue the austerity policy that the Tories have vehemently pursued since 2010. Continue reading “The Spending Review: Short-termism, Ideology and Economic Illiteracy”
